Rarely offered for Sale 3 building with Mixed-use commercial and residential.Current property has Commercial units at Ground-level retail units with established tenants providing stable monthly rental income and Residential at Upper-level residential apartments offering consistent occupancy and cash flow. Prime Location:Situated in one of Torontos most vibrant corridors, with high pedestrian and vehicular traffic, excellent transit access, and proximity to the citys cultural, shopping, and entertainment hubs. Development opportunity for a 60-unit apartment development of 15 floors allowing the buyer to significantly enhance the properties long-term value and income potential. Close to UoT which is host over 60.000 students makes high value for the property. (id:52350)
Listed By
Agency Name: RE/MAX ATRIUM HOME REALTY
Agency Phone: 905-513-0808
Shown By
Agency Title: Solid Rock Realty Inc
Agency Phone: 855-484-6042
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359-363 Spadina Avenue, Toronto (Kensington-Chinatown), ON M5T2G3.
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359-363 Spadina Avenue, Toronto (Kensington-Chinatown), ON M5T2G3.
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359-363 Spadina Avenue | MLS# C12402916
This commercial property located at 359-363 Spadina Avenue, Toronto (Kensington-Chinatown), ON is currently listed for sale with an asking price of $9,980,000.